42 U.S.C Section 1997 e(e) states that inmates must first exhaust all administrative remedies that are available to them before they may bring their claim to federal court
"Overcoming poverty is not a gesture of charity. It is an act of justice. It is the protection of a fundamental human right: The right to dignity and to a decent life."
-Nelson Mandela
Nelson Mandala believes that overcoming poverty is giving others a chance to thrive, when originally, they may not have had that door. By opening them, he believes that it is just, not charitable.
Answer:
B. A business gives its employees a raise, so it cannot afford to buy any TV ads.
Explanation:
Opportunity cost also known as the alternative forgone, can be defined as the value, profit or benefits given up by an individual or organization in order to choose or acquire something deemed significant at the time.
Simply stated, it is the cost of not enjoying the benefits, profits or value associated with the alternative forgone or best alternative choice available.
For instance, if you decide to invest resources such as money in a paying your employees (workers), your opportunity cost would be the benefits like increased sales you could have earned if you had invested the same amount of resources in advertising your business.
Hence, the situation which best illustrates the economic concept of opportunity is when, a business gives its employees a raise, so it cannot afford to buy any TV ads.
